NOT LISTED FOR SALE

772 Gardella Ave Oroville, CA 95965

Estimated Value: $246,000 - $289,953

4 Beds
2 Baths
1,848 Sq Ft
$142/Sq Ft Est. Value

Last Sold May 10, 2021

Last sale price $214,000 $116 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,664/month

15 Days on Market

Highlights

  • Fishing
  • Private Yard
  • Hiking Trails
  • Community Lake
  • No HOA

About This Home

As of May 2021

Great opportunity for income. This duplex is located close to a park and shopping. Both units are rented. Income units are hard to find this won't last so call your realtor today for details. There is room behind the duplex in the rear to park for the back unit. Front unit has street parking. Pictures are from the unit in the back. Both units are clean. Front unit tenant has been there for 8 years both units express that they would like to stay.

Last Agent to Sell the Property

Cindy Peebles

eXp Realty of California Inc License #01178181 Listed on: 03/02/2021

eXp Realty of California Inc

Co-Listed By

Trisha Atehortua

eXp Realty of California Inc License #01894015

Last Buyer's Agent

Veronica Viers

Re/Max Pacific License #02011691

Re/Max Pacific

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1978

Lot Details

  • 4,792 Sq Ft Lot
  • 1 Common Wall
  • Private Yard

Parking

  • On-Street Parking

Home Design

  • 1,848 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Assessor Parcel Number 012136005000

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Community Lake
  • Foothills

Recreation

  • Fishing
  • Hiking Trails

Building Details

  • 2 Leased Units
  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $564
  • Pest Control $780
  • Professional Management Expense $1,400
  • Trash Expense $720
  • Water Sewer Expense $600
  • New Taxes Expense $2,310
  • Operating Expense $6,374
  • Gross Income $17,340
  • Net Operating Income $10,966

Property Details

Home Type

Multi-Family

Year Built

Built in 1978

Lot Details

4,792 Sq Ft Lot

Listing Details

  • Assessments: Yes
  • Professional Management Expense: 1400.00
  • Property Attached: Yes
  • Water Sewer Expenses: 600.00
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 012136005000
  • Year Built: 1978
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 115.80

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: No
  • Parking Features: Street

Utilities

  • Laundry: No
  • Pest Control Expense: 780.00
  • Sewer: Public Sewer
  • Trash Expense: 720.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Fishing, Foothills, Hiking, Lake

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 4791.60
  • Lot Size Acres: 0.1100

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Average2 Bed Area: 924 Square Feet
  • Gross Income: 17340.00
  • Gross Scheduled Income: 17340.00
  • Insurance Expense: 564.00
  • Lot Size Area: 0.1100 Acres
  • Net Operating Income: 10966.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number With Range: 2
  • Operating Expense: 6374.00
  • Rent Control: Yes
  • Total Actual Rent: 1445.00
  • Total Expenses: 6374.00

Tax Info

  • New Taxes Expense: 2310.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2021
Closed on
Apr 19, 2021
Sold by
Fegan Robert J and Surrett Sandra A
Bought by
Gambone Tim G and Tim G Gambone Revocable Trust
Seller's Agent
Cindy Peebles
eXp Realty of California Inc
Buyer's Agent
Veronica Viers
Re/Max Pacific
List Price
$210,000
Sold Price
$214,000
Premium/Discount to List
$4,000
1.9%
Current Estimated Value
$262,988

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,988
Avg. Annual Appreciation
4.42%
Original Mortgage
$154,000
Outstanding Balance
$139,043
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$123,945

Purchase Details

Closed on
Jan 28, 2014
Sold by
Fegan Robert J
Bought by
Fegan Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,900
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 13, 2013
Closed on
Oct 15, 2013
Sold by
Garcia Ruben and Garcia Cupertina
Bought by
Fegan Rob and Surrett Sandra
Seller's Agent
Bob Contreras
Re/Max of Chico
Buyer's Agent
Shelley Riggs
Table Mountain Realty, Inc.
List Price
$80,000
Sold Price
$80,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.19%

Purchase Details

Closed on
Jan 27, 2005
Sold by
Garcia Ruben
Bought by
Garcia Ruben and Garcia Cupertina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
1.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 25, 2005
Sold by
Garcia Cupertina
Bought by
Garcia Ruben

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
1.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 13, 2002
Sold by
Coots William F and Coots Victoria K
Bought by
Garcia Ruben and Garcia Cupertina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,850
Interest Rate
6.84%

Purchase Details

Closed on
Jul 13, 1998
Sold by
Coots William Floyd
Bought by
Coots Victoria K
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gambone Tim G $214,000 Bidwell Title & Escrow Co
Fegan Family Trust -- Bidwell Title & Escrow Co
Fegan Robert J -- Bidwell Title & Escrow Co
Fegan Rob $80,000 Bidwell Title & Escrow Co
Garcia Ruben -- --
Garcia Ruben -- Bidwell Title & Escrow Co
Garcia Ruben $89,000 Mid Valley Title & Escrow Co
Coots William F -- Mid Valley Title & Escrow
Coots Victoria K $11,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gambone Tim G $154,000
Previous Owner Fegan Robert J $53,900
Previous Owner Garcia Ruben $117,000
Previous Owner Garcia Ruben $79,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/10/2021 05/10/21 Sold $214,000 +1.9% $116 / Sq Ft
03/02/2021 03/02/21 For Sale $210,000 +162.5% $114 / Sq Ft
11/12/2013 11/12/13 Sold $80,000 0.0% $43 / Sq Ft View Prior Sale
07/18/2013 07/18/13 Pending -- -- --
07/13/2013 07/13/13 For Sale $80,000 -- $43 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,711 $231,638 $81,181 $150,457
2024 $3,711 $227,097 $79,590 $147,507
2023 $3,603 $222,645 $78,030 $144,615
2022 $3,426 $218,280 $76,500 $141,780
2021 $2,005 $90,593 $22,647 $67,946
2020 $1,909 $89,665 $22,415 $67,250
2019 $1,893 $87,908 $21,976 $65,932
2018 $1,833 $86,186 $21,546 $64,640
2017 $1,801 $84,497 $21,124 $63,373
2016 $1,776 $82,841 $20,710 $62,131
2015 $1,702 $81,597 $20,399 $61,198
2014 $1,608 $80,000 $20,000 $60,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OR21040389

California Regional Multiple Listing Service (CRMLS)

APN: 012-181-012-000

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